After a whole 1 year from march 2020 to april 2021 , the currency pair EURGBP
has shown a corrective structure of three waves , Wave- a , wave-b
as a triangular wave, and wave- c of impulse decline. The weekly price action suggests that there is quite bullish
reversal chances from the recent bottoms. The evidence can be considered with the help of Bullish
pattern : THREE LINE STRIKE , a channel breakout & a higher higher highs & higher lows in the lower time frame.
One can go long on EURGBP
for the targets of 0.88 to 0.9 in the coming weeks.